Three foreign apparel brands Uniqlo, New Yorker and Selfridges are planning to make entry into Turkish market. If reports are to be believed then these brands are looking for appropriate space to mark their presence in Turkey.
These brands, who have been observing Turkish market for the past two years, are planning to foray into Turkish market in view of its growth rate, young population and increasing per capita income.
Noting that there were only a handful fashion brands which are yet to enter Turkey, Ander, a board member of JLL Turkey said, the talks with the three brands, were ongoing. Among these three, Turkey is planning to close deal with at least two of these brands to open stores before the end of the year.
Also Read – Turkey imposes 72.56% AD duty on Vietnam’s polyester textured yarn
Ander said there were demands for Turkish goods in European shopping malls despite the political difficulties. Market interest was mostly driven by the rapid mobility, diversity and price policy of Turkish brands like LC Waikiki, Koton, Defacto and Mavi.
